Startup Daily

Startup Daily has been inspiring, educating, and reporting on the Australian tech and startup community since 2012.

Kate Pounder
AI/Machine Learning

A new report from the Tech Council reckons AI could be worth up to 5% of GDP by 2030

- July 20, 2023 2 MIN READ

Generative AI could contribute between $45bn & $115bn annually to the Australian economy by 2030 That represents 2% to 5% of total economic output. 4 key sectors will benefit: healthcare, manufacturing, retail, and professional and financial services. Barriers include technology capability, enterprise readiness, awareness & skills, and responsible AI Using artificial intelligence (AI) in business… Read more »

Funding

Secure Code Warrior closes Series C with $72 million raise

- July 14, 2023 2 MIN READ

Learning platform Secure Code Warrior has finished its Series C round, led by Paladin Capital Group, with $72 million (US$50 million) raised. The funding will help the company continue developing its platform and increase share in the important cyber skills development market. Managing director of Paladin and Secure Code Warrior board member Mourad Yesayan said… Read more »

money tree
Funding

New analysis reveals Australian early-stage startup investment growth led the world over the last 5 years

- July 13, 2023 4 MIN READ

Sydney retains the crown has Australia’s top startup ecosystem, but Melbourne is rising rapidly through the ranks according to the latest  (GSER). The report, an annual collaboration between Startup Genome and the Global Entrepreneurship Network (GEN), analyses data on 3.5 million startups across 290+ global ecosystems. The Oceania region had highest early-stage funding in the world,… Read more »

Climate Tech

Cerclos, Everty, and Sapien picked for the latest round of Taronga’s ESG Impact program

- July 13, 2023 2 MIN READ

Three Australian startups have been picked to join the latest round of Taronga Ventures’s RealTechX program focusing on environmental, social and governance (ESG) innovation across the real estate sector. Carbon management software company Cerclos, EV charging software firm Everty, and Sapien Cyber were on the list of 12 companies around the world chosen to join… Read more »

Events

Stone & Chalk’s partnership with UpRising is all about finding the next generation of innovators

- July 12, 2023 2 MIN READ

Scale-up space Stone & Chalk is joining forces with design student learning program UpRising to help unearth the next generation of entrepreneurs and innovators. “With rapid technological advancement, it’s paramount that we equip our next generation with skills that align with emerging industry demands,” said UpRising founder Richard Hainsworth. This week, high school students will… Read more »

Venture Capital

OIF Ventures Launches $55 million Opportunity Fund

- July 11, 2023 2 MIN READ

Australian VC firm OIF Ventures has launched its new Opportunity Fund into which investors have already committed $55 million to focus on later stage startups that already have a proven track record. The fund will aim itself toward technology businesses with more than $10 million in annual revenue, strong growth, and competitive advantage – B2B… Read more »

Funding

Lyre’s wallets are on fire after $34 million raise to boost global production

- July 9, 2023 2 MIN READ

Australian-born non-alcoholic spirit company Lyre’s is celebrating the completion of its latest funding round, pulling in nearly £18 million ($34 million) to help bolster its supply chain and global inventory. Led by international investors DSquared and Morgan Creek Consumer Fund, the latest raise saw existing investors tip more funds into Lyre’s as a show of… Read more »

2023 Startup Daily Best in Tech Awards
Events

NOMINATE NOW: Entries for the 2023 Startup Daily Best in Tech Awards are open

- July 7, 2023 2 MIN READ

Startup Daily has launched the inaugural 2023 Startup Daily Best in Tech Awards, a flagship celebration of Australia’s tech startup and scale-up community to recognise the best and brightest people and ideas in the Australian tech ecosystem, with entries across 10 categories opening today. Startup Daily has been Australia’s leading digital publisher of startup news,… Read more »

Sensand founder Peter Moulton
Funding

Carbon startup Sensand raises $6 million to make carbon credits transparent for farmers

- July 7, 2023 2 MIN READ

A agtech startup tackling the security and transparency of carbon credits has raised $6 million to take the next big leap in Australia’s digital farming revolution Melbourne-based Sensand brings together agricultural land management, carbon project operations, and environmental markets on a single platform. The funding came in a single cheque from Robert Costa, chair of… Read more »

Revisit cofounders Daniel Givney, Robyn Cowie and Suvam Ganguli
Antler Australia

Antler Investor Memo Series: Revisit is changing how you search and share information online

- July 7, 2023 3 MIN READ

Early stage investment company Antler Australia recently backed a new cohort of startups as part of its ongoing program to build great local tech companies. Startup Daily is sharing the details of each venture in the “Antler Investor Memos” series, which is designed to give you a quick,  sharp understanding of the startups and people… Read more »